ASKM definition
Examples of ASKM in a sentence
For the purposes of the purchase of the Rights to Travel, each ASKM will be ascribed a value of U.S.$0.0518, representing the cost of each ASKM (less such approximate amount determined by flydubai in accordance with its operating data to be attributable to costs of any flight services that are not ▇▇▇▇▇’a-compliant) divided by 1.15 (the “Base Price”).
For avoidance of doubt, the variation in ASKM shall be solely determined by the Principal and the same will be informed by the Principal to the General Sales Agent from time to time.
The table below shows flydubai’s passenger revenue, the number of passengers carried, passenger capacity (expressed in ASKM) passenger traffic (expressed in RPKM) and passenger seat factor for the six months ended 30 June 2014 and 2013 and the two years ended 31 December 2013 and 2012, respectively.
It is further clarified that if there is less than 25% variation in ASKM for three successive months or in any of the three consecutive / successive months, there will not be any impact on the ORC; and the ORC quoted by the General Sales Agent in its financial bid and accepted by the Principal will be considered.
The flydubai network is well diversified with capacity (ASKM) deployed in the year ended 31 December 2013 distributed across: GCC 27 per cent.; Indian Subcontinent 30 per cent.; CIS & Russia & Europe 22 per cent; and Middle East & Africa 21 per cent.
It is furtherclarified that if there is less than 25% variation in ASKM for three successive months or in any of the three consecutive / successive months, there will not be any impact on the ORC; and the ORC quoted by the General Sales Agent in its financial bid and accepted by the Principal will be considered.For avoidance of doubt, the variation in ASKM shall be solely determined by the Principal and the same will be informed by the Principal to the General Sales Agent from time to time.
The Group's passenger carrying capacity increased by 37,986 million ASKM, or 12.8 per cent., in financial year 2016 (from 295,740 million ASKM in financial year 2015 to 333,726 million ASKM).
The Group's passenger carrying capacity increased by 5,363 million ASKM, or 2.9 per cent., in the six months ended 30 September 2017 (from 182,837 million ASKM in the six months ended 30 September 2016 to 188,200 million ASKM).
It is further clarified that if there is less than 25% variation in Available Seat Per Kilometre (ASKM) for three successive months or in any of the three consecutive / successive months, there will not be any impact on the ORC; and the ORC quoted by the Representative Agent in its financial bid and accepted by the Principal will be considered.
The table below shows the Group's passenger revenue, the number of passengers carried, passenger capacity (expressed in available seat kilometres ("ASKM"), calculated as the number of seats available multiplied by the distance flown) passenger traffic (expressed in RPKM), passenger seat factor and passenger yield in the six months ended 30 September 2017 and 2016 and the three years ended 31 March 2017, 2016 and 2015.